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September 2012 Market Intelligence

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Fine art

Christie’s to offer Yves Klein sponge relief at auction in November

artnews.com

Christie’s will auction Yves Klein’s Accord Bleu (Sponge Relief), formerly in the Brooklyn Museum collection, at the November 14 postwar and contemporary art sale in New York. The relief, created in 1958, is estimated to bring $7 million to $10 million; Klein’s Le Rose du Bleu (RE22), 1960, holds the artist’s world auction record at $36.7 million. The work uses sponges painted in International Klein Blue with a resin medium to preserve wet pigment, reflecting Klein’s interest in immaterial sensibility.

Ecco gli eredi di Stradivari vincono la Triennale la svizzera Dederer, il tedesco Hinsberger e il cremonese Nolli

cremonaoggi.it

The article reports that Ulrich Hinsberger (Germany) won gold in violins, Marco Nolli (Cremona) won gold in double bass, and Ulrike Dederer (Germany, resident in Switzerland) won gold in viola at the XIII International Triennale Competition, promoted by the Stradivari Foundation since 1976. It notes 355 entrants from 34 countries and highlights the international character of the event.

Instrument Bank grants rare violins, cellos to young artists

cbc.ca

Two sibling violinists from Victoria, Nikki and Timothy Chooi, are among recipients of three-year loans of rare violins and cellos through the Canada Council of the Arts Musical Instrument Bank program. The instruments mentioned include the 1729 Guarneri del Gesù violin and the ca. 1700 Taft Stradivari violin, each valued at about $5 million.

Fine art

Hermitage Museum Foundation and Phillips de Pury to honor Jeff Koons, Erik Bulatov and Neil K. Rector

prnewswire.com

Jeff Koons and Erik Bulatov will be honored by the Hermitage Museum Foundation at its 3rd Annual Gala co-hosted with Phillips de Pury & Company in New York. Neil K. Rector will be recognized for his donation of Oleg Vassiliev's Artistic Vision 2009 to the Hermitage Museum’s Contemporary art collection in St. Petersburg. The event also features works donated for the gala by Damien Hirst, Michal Rovner, Martin Mull, and Ingrid Dee Magidson, with Simon de Pury as host and Martin Mull serving as Master of Ceremonies.

Fine art

Sotheby’s to sell Mark Rothko’s No.1 (Royal Red and Blue)

theartwolf.com

Mark Rothko No.1 (Royal Red and Blue), 1954, estimated at $35/50 million, was announced to lead Sotheby’s Contemporary Art sale in New York on 13 November 2012. The painting, from Rothko’s landmark 1954 show and long in a stable collection, measures 113¾ x 67½ in (288.9 x 171.5 cm).

VSL Vienna Dimension Strings announces new virtual orchestral instrument collection

en.audiofanzine.com

The article reports that Vienna Symphonic Library announces Vienna Dimension Strings, a 24-player string ensemble with over 300,000 violin samples (approximately one million for the full library). It describes recording setup (8 violins, 6 violas, 6 cellos, 4 double basses), individual microphone capture, and features such as per-instrument dynamic control, vibrato, intonation, timing, and crossfades. It also mentions integration with Vienna MIR PRO and Vienna Instruments PRO, preset options like force strings and open/string choices, divisi configurations, articulations (sustain variants, legato, portato, staccato, spiccato, tremolos, pizzicato, snap pizzicato, col legno), and addition of finger noises for realism.

Valuable cello stolen from SF music school recovered at opera house

cbsnews.com

CBS San Francisco reports that a valuable cello stolen from the San Francisco Conservatory of Music was recovered at the War Memorial Opera House on Van Ness Avenue. The instrument, a Bubenreuth cello owned by student Adam Young and valued at about $10,000, was identified and recovered after a security guard found it at the opera house on Tuesday night.

Fine art

Today’s Catch: Christie’s nabs $20 m. Basquiat for November sale

observer.com

Jean-Michel Basquiat artwork, untitled (1981), acrylic and oil stick on canvas, 78 by 68 inches, is highlighted as Christie’s prepared to offer a large untitled painting depicting a fisherman for around $20 million in November. The piece is tied to prior records of $20.1 million at Christie’s London and $16.3 million at Phillips in New York for large 1981 works; Loic Gouzer is cited as the specialist, with Patrick Demarchelier named as the seller. Basquiat’s rise in stature and the market’s strength are noted.

Ship's musical instruments fetch almost £30,000 at Nantwich auction

thenantwichnews.co.uk

The instruments played by a cruise ship musician in the 1960s sold at Peter Wilson auctioneers in Nantwich for nearly £30,000. The top violin, labeled Vittorio Bellarosa, sold for £14,500, while another violin by Thomas Earle Hesketh and a bow by Eugène Sartory fetched £3,800 and £9,400 respectively.

Rare violins and Dr Who art go for a song

northwichguardian.co.uk

The article reports on a Nantwich auction where two important violins, three saxophones, and original Dr Who artwork were sold at Peter Wilson fine art auctioneers on September 6. The most valuable violin was labeled as made by Vittorio Bellarosa, selling for £14,500, with other notable sales including a Thomas Earle Hesketh violin and a Sartory bow, plus a Turkish shamshir and John Ridgway Dr Who artwork selling for £420.

Fine art

Baltimore-born woman finds ‘lost’ Renoir at flea market

baltimoresun.com

The article describes a landscape thought to be by Pierre-Auguste Renoir, titled Paysage Bords de Seine, a 6-inch work purchased by a Baltimore-born woman at a West Virginia flea market for $7 and later slated for auction on Sept. 29.

Fine art

Gursky photograph sets new auction record

starkwhite.co.nz

Andreas Gursky's Rhein II (1999) sold at Christie's for $4.34 million, setting a new auction record for a photograph, surpassing the previous record of $3.89 million held by a Cindy Sherman photograph.

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